First was Dollar Tree, the discount store that has been a lifesaver for low- and moderate-income families looking for inexpensive products.
The chain had managed to keep its $ 1 bid for supplies as varied as school supplies, cleaning supplies, groceries, kitchen utensils and cosmetics, even seasonal decor and tools, but eventually inflation caught up with those bids. The company announced in september That would raise prices from $ 1.25 to $ 5.
Now it is the prices of iconic slices of pizza that are skyrocketing in the Big Apple due to inflationary food costs, a global supply chain crisis and a shortage of workers.
In the years after the Great Recession of 2008, pizza prizes dropped as a new phenomenon emerged in the city: pizzerias that sold slices for just a dollar. Some of the best known stores of that era is the iconic Two Bros Pizza, as well as 99 Cent Fresh Pizza.
But the popular Two Bros Pizza, which has about half a dozen locations throughout the city, recently raised the price of its slices from $ 1 to $ 1.50.
According to the latest data, wholesale food prices are up 13%, the biggest year-on-year increase in 40 years.
Rising pizza ingredient costs are a factor, from flour to tomatoes to pepperoni. In just one year, from 2020 to 2021, the price of flour increased by 50%, the price of tomatoes increased by 76%, and the price of garlic skyrocketed a whopping 400%. Add to that the global supply chain crisis and a worker shortage.
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